STOCK TITAN

CuriosityStream Executive Rebecca Reed Expands Stake Following RSU Conversion

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CuriosityStream General Counsel Rebecca Reed reported insider transactions on June 18, 2025. The transactions involved:

  • Vesting of 380 restricted stock units (RSUs) granted on July 19, 2021, which converted to common stock on a one-to-one basis
  • Withholding of 130 shares at $4.81 per share for tax purposes related to the RSU vesting

Following these transactions, Reed's direct ownership position stands at 31,244 shares of common stock. The transactions were executed under standard RSU vesting procedures and tax withholding requirements. The Form 4 was filed through an attorney-in-fact, Talha Sarhandi, on June 20, 2025.

Positive

  • None.

Negative

  • None.
Insider Reed Rebecca R
Role Gen Counsel
Type Security Shares Price Value
Exercise Restricted Stock Units 380 $0.00 --
Exercise Common Stock 380 $0.00 --
Tax Withholding Common Stock 130 $4.81 $625.30
Holdings After Transaction: Restricted Stock Units — 380 shares (Direct); Common Stock — 31,374 shares (Direct)
Footnotes (1)
  1. On June 18, 2025, 380 restricted stock units granted to Ms. Reed on July 19, 2021 vested and were converted into shares of the Company's common stock on a one-to-one basis. Represents the withholding of shares of the Company's common stock for tax purposes in connection with the vesting of restricted stock units previously granted.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Reed Rebecca R

(Last) (First) (Middle)
8484 GEORGIA AVE SUITE 700

(Street)
SILVER SPRING MD 20910

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CuriosityStream Inc. [ CURI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Gen Counsel
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/18/2025 M 380 A (1) 31,374 D
Common Stock 06/18/2025 F 130(2) D $4.81 31,244 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 06/18/2025 M 380 (1) (1) Common Stock 380 $0 380 D
Explanation of Responses:
1. On June 18, 2025, 380 restricted stock units granted to Ms. Reed on July 19, 2021 vested and were converted into shares of the Company's common stock on a one-to-one basis.
2. Represents the withholding of shares of the Company's common stock for tax purposes in connection with the vesting of restricted stock units previously granted.
Remarks:
/s/ Talha Sarhandi as attorney-in-fact for Rebecca Reed 06/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many CURI shares did General Counsel Rebecca Reed acquire on June 18, 2025?

Rebecca Reed acquired 380 shares of CURI common stock on June 18, 2025, through the vesting of restricted stock units (RSUs) that were granted to her on July 19, 2021. However, 130 shares were withheld for tax purposes, resulting in a net acquisition of 250 shares.

What was the price of CURI shares withheld for tax purposes in Rebecca Reed's June 2025 transaction?

The shares withheld for tax purposes were valued at $4.81 per share, as indicated in the Form 4 filing under Table I for the tax withholding transaction (F code).

How many CURI shares does Rebecca Reed own after the June 18, 2025 transactions?

Following the reported transactions on June 18, 2025, Rebecca Reed beneficially owned 31,244 shares of CURI common stock directly (indicated by 'D' in the ownership form column).

What type of insider transaction did CURI's General Counsel execute in June 2025?

CURI's General Counsel Rebecca Reed had RSUs vest and convert to common stock (transaction code 'M'), followed by a share withholding for tax purposes (transaction code 'F'). This was not an open market transaction but rather the scheduled vesting of previously granted equity compensation.

How many restricted stock units (RSUs) does Rebecca Reed have remaining at CURI after the June 2025 transaction?

According to Table II of the Form 4, Rebecca Reed had 380 RSUs remaining following the reported transaction. These RSUs were converted from the original grant made on July 19, 2021.